Chattanooga, Tenn.-based Erlanger Health System will sell its four retail pharmacies to CVS on Saturday for $10 million if hospital trustees approve the sale, according to the Times Free Press.
Transactions & Valuation Issues
Columbus-based OhioHealth donated the former OhioHealth Doctors Hospital of Nelsonville (Ohio) to Integrated Services for Behavioral Health, a behavioral health services company in Jackson, Ohio, according to The Athens News.
The following healthcare mergers, acquisitions and general partnerships took place or were announced the week of June 19.
New Orleans-based Ochsner Health System signed an agreement to lease the former Louisiana Heart Hospital in Lacombe, La., and revealed plans to convert and update the facility with the help of two other providers.
Health Care Access and Heartland Community Health Center, both safety-net facilities in Lawrence, Kan., signed a nonbinding letter of intent to merge, according to the Lawrence Journal-World.
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The following were among the most-viewed transactions and valuations stories published by Becker's Hospital Review the week of June 19.
Seven Greenville County legislative delegates penned a letter to South Carolina Attorney General Alan Wilson, JD, requesting he investigate Columbia, S.C.-based Palmetto Health's proposed integration with Greenville (S.C.) Health System, according to a Greenville Online report.
Miller Children's & Women's Hospital Long Beach, a 373-bed facility in California, and 131-bed UCLA Mattel Children's Hospital declared their intent to form a strategic affiliation.
Powell (Wyo.) Valley Healthcare officials voted to sever ties with Brentwood, Tenn.-based hospital consulting and management firm HealthTechS3, according to a Powell Tribune report.
Downers Grove, Ill.-based DuPage Medical Group, one of the largest independent multispecialty physician groups in the state, revealed plans to acquire Northwest Health Care Associates.